StockFetcher Forums · Filter Exchange · Stochastic pops<< >>Post Follow-up
peaking67
22 posts
msg #32152
Ignore peaking67
5/22/2004 6:19:41 PM

Read an article in the Stocks & Commodities mag. (Bonus issue, 2004) re the above topic. The author's setup conditions are:
1. Recent price action in a tight daily consolidation range.
2. Daily ADX below 20 (preferably below 15).
3. Daily stoch %K above 70 (preferably 80) & rising.
4. Wkly stoch %K above 50 & rising.
5.Stk breakout on above ave. volume (1.5x50)
6. Bullish mkt conditions.
Filter: show stks where fast stochastic fast %K is above 65 but below 75 and weekly fast stochastic fast %K is above 35 but below 45 and ADX(14) is below 25 and average volume(50) is above 100,000 and ATR(14) is below 0.3 for 4 weeks and closing price is between 6 and 16.

I use ATR for spotting congestion periods. How do I enter volume as 1.5 x (50)
I'm new at this; any suggestions about the filter?
Thnx very much------Sid


txtrapper
548 posts
msg #32160
Ignore txtrapper
5/23/2004 7:51:00 AM

peking67;

Very interesting filter, I would not be to concerned about the volume setting on your filter, when you run your SF scan, look for stocks in consolidation with strong volume spikes, them would be your "watch list".

Fetcher[Show stocks where fast stochastic fast %K is above 60 but below 75 and weekly fast stochastic fast %K is above 35 but below 45 and ADX(14) is below 25 and ATR(14) is below 0.3 for 4 weeks and closing price is between 1 and 6]




TxTrapper


txtrapper
548 posts
msg #32161
Ignore txtrapper
5/23/2004 7:55:44 AM

peking67;

VROT from your scan is exactly what you are looking for.


TxTrapper


peaking67
22 posts
msg #32166
Ignore peaking67
5/24/2004 12:18:51 AM

Thnx TxTrapper for your response.
Emailed author re proper use of the stochastic; he uses the 'slow'(8,3,3)--(but 8,3,3 doesn't show up on the viewed filter); so I changed the filter:

Fetcher[show stocks where slow stochastic(8,3) slow %D is above 70
and weekly slow stochastic(8,3) slow %D is above 40
and average volume(50) is above 100,000
and volume increased 1.5 times last one day
and price is between 6 and 16
and ADX(14) is below 25
and ATR(14) is below 0.3 for 4 weeks.
]



I put in the ATR (not the author) to get some sort of congestion, but I'm not sure it works.
Thx again-----Sid


txtrapper
548 posts
msg #32173
Ignore txtrapper
5/24/2004 9:12:48 PM

peking67;

email me the Stochastics Pop article @ txtrapper@hotmail.com


Thanks,

TxTrapper


StockFetcher Forums · Filter Exchange · Stochastic pops<< >>Post Follow-up

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